Countries & RegionsMicrofinance in Georgia:
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May 11, 2012 - 2:28pm
from The Ladder
The Asset Building News Week is a weekly Friday feature on The Ladder, the Asset Building Program blog, designed to help readers keep up with news and developments in the asset building field. This week's topics include the Millennial generation, homelessness, economic mobility, public benefits, and banking innovation. The Millennial GenerationMillennials (born between 1981 and 2000) are making headlines regularly as they navigate young adulthood in ...
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May 11, 2012 - 5:03am
from MicroCapital
The European Fund for Southeast Europe (EFSE) has reported to MicroCapital that it has made of the following amounts in support of microfinance during April 2012: USD 10 million to Ineco Bank of Armenia, USD 7 million to Megabank of Ukraine and approximately USD 6.66 million to Partner MikroKreditna Fondacija Tuzla of Bosnia and Herzegovina.
For the year 2011, Ineco Bank reported to the US-based nonprofit Microfinance Information Exchange (MIX) total assets of USD 230 million, a ...
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May 1, 2012 - 2:47pm
from AidData: The First Tranche
The readers of this blog are familiar with the argument that aid fragmentation combined with the lack of comprehensive data on aid undermines aid effectiveness. Various initiatives are currently trying to improve the situation by tracking and mapping donor engagement.But what if donors’ funding bears zero relationship to the impact of the aid they finance? ...
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April 16, 2012 - 5:05pm
from Google news - microfinance
MICROCAPITAL BRIEF: Constanta Bank of Georgia Grows Microfinance Assets by 77 ...MicroCapitalDuring 2011, Constanta Bank, a provider of microfinance services to micro- and small businesses in ...
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April 16, 2012 - 5:02pm
from MicroCapital
During 2011, Constanta Bank, a provider of microfinance services to micro- and small businesses in Georgia, witnessed a 77-percent growth in assets, a 71-percent growth in its credit portfolio and an 89-percent growth in the amount of loans issued relative to the previous year [1]. Constanta has increased its number of branches from 21 to 30 during the first quarter of 2012 and plans to open an additional 15 before the end of the year.
Within the last year, Constanta has rolled out ...
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April 12, 2012 - 8:00am
from FINCA News
February, 2012In the near future FINCA Georgia clients will be able to receive and repay loans using their mobile phones, thanks to a partnership with OpenRevolution and their mobile payment network MobiPay. The technology will make it easier and faster for clients to access their microloans, lowering costs for clients and FINCA Georgia.
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April 9, 2012 - 8:45pm
from The Ladder
Last week the Washington Post featured a piece focusing on the complexities of navigating the safety net – in particular, deciphering the eligibility rules in Medicaid as they apply to different individuals in the same family. I’ve
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March 23, 2012 - 9:06am
from MicroCapital
The Community for Open Source Microfinance, a US-based nonprofit that has taken over leadership of maintaining the open-source microfinance software Mifos from the US-based Grameen Foundation, has released its first major upgrade since the transition [1].
This release, called “Margaret H” after a client of a microbank that uses ...
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March 16, 2012 - 10:43am
from e-MFP news
Microfinance Centre, Warsaw, Poland would like to announce the 15th MFC Annual Conference:
Business or development? Time to choose in Tbilisi, Georgia, May 29-30, 2012.
Archive:
Archive
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March 15, 2012 - 4:00pm
from Acumen Fund Blog
Editor’s Note: This post originally appeared on the Villgro Fellows Blog, on March 7.
“There is no ‘one size fits all’ strategy.”
Another Villgro Fellow Nilima recently referred me to this
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March 15, 2012 - 2:06am
from MicroCapital
Switzerland’s responsAbility Social Investments AG recently reported to MicroCapital that it has invested USD 1.5 million in Georgia’s Constanta and USD 2.5 million in Tajikistan’s Bank Eskhata. Constanta borrowed USD 750,000 each from two microfinance investment vehicles – the responsAbility Global Microfinance Fund (rAGMF) and responsAbility Mikrofinanz-Fonds (rAMF) while Eskhata borrowed USD 2.5 million from rAGMF.
Constanta has been working in Georgia since 1997, providing ...
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February 27, 2012 - 6:33pm
from MicroCapital
“Competition, Loan Rates and Information Dispersion in Microcredit Markets” by G. Baquero, Malika Hamadi, and Andréas Heinen; published by the European School of Management and Technology; November 21, 2011; 58 pages; available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2006485&
This paper compares both nonprofit and for-profit microcredit providers to investigate what effect ...
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February 21, 2012 - 9:13am
from RemittancesGateway
Money transferred from abroad to Georgia last year amounted to a record high of USD 1.26 billion, up 20.5% from 2010, according to figures released by Georgia’s central bank.
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February 21, 2012 - 9:13am
from RemittancesGateway
Money transferred from abroad to Georgia last year amounted to a record high of USD 1.26 billion, up 20.5% from 2010, according to figures released by Georgia’s central bank.
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February 13, 2012 - 10:02am
from Acumen Fund Blog
When the flight attendant overloads the airplane cabin with air fresher, so much so that it chokes you, you, know you are landing in India. As you step out of the airport, the smell, the people, the animals and the auto-rickshaws politely drill one common message into your sophisticated head: “Welcome to India, therefore … Please Kindly ...
MIX Recent Features
February 3, 2012 - 2:29pm
from MIX Recent Features
MIX Microfinance World
Date:
Feb, 2012
Author(s):
Ralitsa Sapundzhieva, Agharazi Babayev and Olga Tomilova
Learn about the performance of microfinance institutions (MFIs) in Eastern Europe and Central Asia in 2010 and 2011 (for select markets). The following graphs and tables: ...
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January 26, 2012 - 10:12pm
from MicroCapital
Rural Impulse Fund II, which is managed by Belgium’s Incofin Investment Management, and Triple Jump’s ASN-Novib Microkredietfonds, have acquired an equity stake in Azercredit, an Azerbaijani microfinance institution (MFI) with a rural focus. While the amounts paid and the sizes taken have not been made public, Incofin IM and Triple Jump will have seats in Azercredit’s board of directors.
Azercredit was initially created in 1996 as a program of World Vision, a US-based worldwide ...
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January 23, 2012 - 12:11pm
from CGAP Microfinance Blog
The year 2011 was not particularly easy for microfinance institutions (MFIs) in Eastern Europe and Central Asia (ECA). Though overall many managed to overcome crisis, many MFIs have not yet returned to their pre-crisis growth rates, and delinquency levels were still higher last year than in 2007. One of the issues commonly faced ...
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January 16, 2012 - 4:16pm
from MicroCapital
The Netherlands Development Finance Company (FMO in Dutch), a public-private partnership, has signed an agreement to loan the equivalent of USD 10 million to Vision Banco, a microfinance institution (MFI) in Paraguay [1]. The four-year loan will be used to finance micro- and small enterprises in Paraguay. Half of the USD 10 million will be provided in local currency, and half will be provided in USD.
As of September 2011, Vision Banco reported USD 652 million in total assets, a ...
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January 10, 2012 - 5:03am
from MicroCapital
The European Fund for Southeast Europe (EFSE), a microfinance investment fund incorporated in Luxembourg, has reported to MicroCapital that it has made loans to the following institutions: USD 15 million to AccessBank of Azerbaijan, the equivalent of USD 649,000 to Kreditimi Rural I Kosoves (KRK) of Kosovo, the equivalent of USD 5.27 million to Byblos Bank Armenia and approximately USD 3.89 million to Alter Modus of Montenegro. The loan to Byblos Bank was disbursed in two tranches: a ...
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